Post
Topic
Board Bitcoin Discussion
Re: Bitcoin maximalism: good or bad?
by
madnessteat
on 19/06/2025, 10:44:00 UTC
~snip~

I also like several factors in Bitcoin. This is that Bitcoin has never been hacked, it is reliable as a Swiss watch.

Also, Bitcoin is not centralized, and there is no team of developers who tomorrow will want to give each of their relatives a Lamborghini and then they will simply sell a huge share of their cryptocurrency of the project that they created.

Also, Bitcoin is known. And this is cool, everyone knows it, this is not the situation that was 10 years ago, now everything has changed dramatically and no one is surprised by a news report about digital gold.

I don't know if it's possible to compare the sale of Bitcoins from old wallets (2010-2016) with the sale of some of the altcoins by the team that created it. But in my opinion, it's roughly the same thing, since these old wallets are anonymous and could belong to anyone, including Satoshi Nakamoto.

When it comes to the decentralization of the Bitcoin network, this is a rather controversial issue, since according to statistics for 2024, 70% of the network's hash rate was controlled by the top three pools (Foundry USA, Antpool, and F2Pool). I think everyone understands what collusion between them could lead to.